The difference between the highest and the lowest observations in a data is its
range
In the field of statistics and data analysis, when we look at a data set, we often want to understand how spread out the observations are. One simple way to measure this spread is by finding the difference between the highest and the lowest values present in the data.
This specific difference is known as the range. It gives us a quick idea of the overall variability within the data.
The range of a data set is calculated by subtracting the lowest observation from the highest observation. Mathematically, it is represented as:
\(\text{Range} = \text{Highest Observation} - \text{Lowest Observation}\)
For example, if a data set consists of the numbers 10, 15, 20, 25, 30, the highest observation is 30 and the lowest observation is 10. The range would be \(30 - 10 = 20\).
Therefore, the term that specifically describes the difference between the highest and the lowest observations in a data set is the range.
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